Language: English is the official language, Hausa, Yoruba and Igbo widely spoken as major local languages

Climate: Tropical but vegetation changes progressively from the rain forest of the coastline to the Arid Sahed of the North. Rainfall decreases from 1,500mm in the South to 500mm in the North Temperature ranges from 22° and 35°.

Weight and Measures: Metric

The EconomyThe increasing attractiveness of Nigeria ‘s Investment climate and the growing confidence in the economy was brought about largely by the pragmatic economic reform agenda being implemented since 1999. The reforms have resulted in transparency, accountability and openness in the way businesses are transacted coupled with the adoption of liberal and market oriented reforms. The Private Sector has been stimulated for increased participation while bureaucratic obstacles which hitherto hindered Private Sector participation and long term profitable business operations are being removed.

Main features of Nigeria Economy

Openness, transparency and accountability in all transactions

Abolition of restrictions on foreign ownership of business as well as cumbersome investment approval system

No restrictions on the movement of investment capital, profits and foreign exchange transactions

To ensure efficient market operations in the economy, Government is divesting from most areas where the Private Sector is likely to do better